Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Washington County, NC

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Washington County, NC
Series ID MHICILBNC37187A052NCEN
Source U.S. Census Bureau
Release Small Area Income and Poverty Estimates
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Dollars
Date Range 1989-01-01 to 2022-01-01
Last Updated 2023-12-14 1:54 PM CST
Notes The U.S. Census Bureau provides annual estimates of income and poverty statistics for all school districts, counties, and states through the Small Area Income and Poverty Estimates (SAIPE) program. The bureau's main objective with this program is to provide estimates of income and poverty for the administration of federal programs and the allocation of federal funds to local jurisdictions. In addition to these federal programs, state and local programs use the income and poverty estimates for distributing funds and managing programs.

Household income includes income of the householder and all other people 15 years and older in the household, whether or not they are related to the householder. Median is the point that divides the household income distributions into two halves: one-half with income above the median and the other with income below the median. The median is based on the income distribution of all households, including those with no income.

A confidence interval is a range of values, from the lower bound to the respective upper bound, that describes the uncertainty surrounding an estimate. A confidence interval is also itself an estimate. It is made using a model of how sampling, interviewing, measuring, and modeling contribute to uncertainty about the relation between the true value of the quantity we are estimating and our estimate of that value. The "90%" in the confidence interval listed above represents a level of certainty about our estimate. If we were to repeatedly make new estimates using exactly the same procedure (by drawing a new sample, conducting new interviews, calculating new estimates and new confidence intervals), the confidence intervals would contain the average of all the estimates 90% of the time. For more details about the confidence intervals and their interpretation, see this explanation.
DATE VALUE
1989-01-01 19447
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22303
1994-01-01 .
1995-01-01 23560
1996-01-01 .
1997-01-01 24628
1998-01-01 24307
1999-01-01 25965
2000-01-01 26999
2001-01-01 26492
2002-01-01 26015
2003-01-01 26514
2004-01-01 27746
2005-01-01 27998
2006-01-01 28269
2007-01-01 29520
2008-01-01 30624
2009-01-01 30161
2010-01-01 30474
2011-01-01 29975
2012-01-01 29436
2013-01-01 28401
2014-01-01 29524
2015-01-01 31587
2016-01-01 31760
2017-01-01 32166
2018-01-01 32103
2019-01-01 36149
2020-01-01 32504
2021-01-01 37308
2022-01-01 40790

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